Days Inn Hotel with Renovated
For Sale
$4,200,000
8245 S Us Highway 17/92, Casselberry, FL 32730
A 75-room lodging property with concrete-block construction, refreshed interiors, and a newer roof.
Property Size28,437 SF
Price / SF$147.69
Days on Market149
Property Features for 8245 S Us Highway 17/92
General Information
Standard status
Active
Size
28,437 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$29,228
Building Details
Construction
concrete block
Listing Agency:
ALLIANCE REAL ESTATE GROUP
(407) 375-8680
Listed By:
Peter Dang · License #3062116
(407) 375-8680
Source:
Exprealty
Added: Mar 27
Changed: Aug 21
Last Checked: Aug 21 at 9:16AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ALLIANCE REAL ESTATE GROUP
Investment Insights
Based on property information with market context.
This 75-room Days Inn by Wyndham hotel is built with concrete-block construction and includes a newer roof. Interior updates include luxury vinyl plank flooring, replacement furniture, and refreshed finishes, supporting continued hotel operations without identified major capital work. The property is positioned along US Hwy 17-92 with frontage and visibility on the corridor, and the address provides access toward Winter Park, Orlando, Maitland, and Altamonte Springs.
An expansive lot includes additional land at the rear, creating flexibility for future expansion, rebranding, or redevelopment subject to applicable zoning and governmental approvals. The source information also identifies potential alternative applications such as multifamily, senior or assisted living, student housing, and other commercial development.
An expansive lot includes additional land at the rear, creating flexibility for future expansion, rebranding, or redevelopment subject to applicable zoning and governmental approvals. The source information also identifies potential alternative applications such as multifamily, senior or assisted living, student housing, and other commercial development.
Key Highlights
- 75‑room Days Inn by Wyndham hotel
- Concrete‑block construction with a newer roof
- Interior updates include luxury vinyl plank flooring, updated furniture, and refreshed finishes
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$218,823
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,376,460
$4.4M
Cap Rate 7%
$3,126,043
$3.1M
Cap Rate 9%
$2,431,367
$2.4M
Market Conditions
NOI Build-Up for 28,437 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$511.9K $18.00/SF
− Vacancy
−$51.2K −$1.80/SF
EGI
$460.7K $16.20/SF
− OpEx
−$241.9K −$8.51/SF
NOI
$218.8K $7.69/SF
Area
Seminole County, FL
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,376,460
Cap Rate 7%
$3,126,043
Cap Rate 9%
$2,431,367
Alternative Uses
Best Use
Hotel Hospitality
$3.13M
$2.74M – $3.65M
NOI $218,823 @ 7.0% cap · market cap 5.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.09M
$7.08M – $9.44M
NOI $566,465 @ 7.0% cap · market cap 13.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
724
Businesses Nearby
Explore this area
Business Placement
Demographics for 32730, FL
5,743
Population
3,119
Households
1.8
Avg Household Size
40
Median Age
28%
College-Educated
92%
High-School Grad
1.2 sq mi
ZIP Area
4,786
Density / Sq Mi
$47,154
Median Household Income
$37,048
Median Earnings
$1,448
Median Rent
$284,800
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Hotel - A 75-room lodging property with concrete-block construction, refreshed interiors, and a newer roof.
Where is this hotel located?
The property is located at 8245 S Us Highway 17/92 Casselberry, FL.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: 75‑room Days Inn by Wyndham hotel; Concrete‑block construction with a newer roof; Interior updates include luxury vinyl plank flooring, updated furniture, and refreshed finishes
